tomo logo

$388,400

Beds
3
Baths
3.0
sq ft
2,078

209 Choctaw Dr, Louisburg, NC 27549

209 Choctaw Dr

Louisburg, NC 27549

  • 176 days on market
    • Price drop $1,500↓
Welcome Home! A must see custom built ranch located in Lake Royale! A private gated community that boasts amazing amenities,. It is like living in your own small town. Open living at its finest. Bright white kitchen with granite countertops, large island, and stainless steel appliances. Built in bookcases surround the fireplace. Owners Suite has a beautiful large bathroom with large tiled walk-in shower, water closet, dual vanity, and walk in closet. All bedrooms are located on the main floor with a huge bonus room and full bath located upstairs. Tons of walk in storage on the second floor! Privacy fenced in backyard. Large fully wired storage building. Home is located in a peaceful cul-de-sac on the front side of the lake. (Back on the market due to no fault of the sellers)

Details

Property type

Single Family Residence

Est. home value

$383,803

Lot size

0.39 acres

Price per sq ft

$187

Year built

2022

Annual property taxes

$2,108

Monthly HOA fee

$90.17

Price History

03/14/2025
TriangleMLS

TriangleMLS #10058449

Listed
$388,400
01/14/2025
TriangleMLS

TriangleMLS #10058449

Pending
$388,400
11/28/2024
TriangleMLS

TriangleMLS #10058449

Price change
$388,400
-0.38%

Schools & Community

Elementary school: 

Franklin - Ed Best

Middle school: 

Franklin - Bunn

High school: 

Franklin - Bunn

Community features: 

Clubhouse, Fishing, Gated, Lake, Park, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$48,235
Asking price
$388,400
Closing costs (~8% of asking)
-$31,072
Est. remaining loan balance
-$309,093
Cash to seller
$48,235

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Towne Mortgage Of The Carolinas

Loan start date

September 2023

Original loan amount

$314,000

Est. remaining balance

$309,093

Interest rate

6.96%

Loan type

VA, 30 year

Seller

Christopher Louis Outlaw and Amy Mccurry Outlaw

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Sold
TriangleMLS
$109,900
3 bd
|
2.5 ba
|
2,077 sq ft
|
House

102 Wyoming Drive, Louisburg, NC 27549

Price drop
TriangleMLS
$348,500
3 bd
|
2.5 ba
|
1,620 sq ft
|
House

242 Sequoia Dr, Bunn, NC 27508

TriangleMLS
$350,000
3 bd
|
2.5 ba
|
1,740 sq ft
|
House

158 Nakoma Drive, Louisburg, NC 27549

Status: Active

Tomo last checked: 04/10/2025 at 10:25 AM

Listing updated: 04/07/2025 at 4:16 PM

Listed by: Kristie Honeycutt, Grow Local Realty, LLC Phone #: (919) 830-5233

MLS: TriangleMLS #10058449

TriangleMLS logo

Recently listed in Louisburg

$325,000|4 bd|2.0 ba|House
$339,500|3 bd|2.0 ba|House
$285,000|3 bd|2.0 ba|House
$310,000|3 bd|2.0 ba|House
$129,000|2 bd|1.0 ba|Manufactured